Asseco Poland Sa Stock Market Value
| ASOZY Stock | USD 21.00 0.00 0.00% |
| Symbol | Asseco |
Asseco Poland 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Asseco Poland's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Asseco Poland.
| 03/06/2024 |
| 06/04/2024 |
If you would invest 0.00 in Asseco Poland on March 6, 2024 and sell it all today you would earn a total of 0.00 from holding Asseco Poland SA or generate 0.0% return on investment in Asseco Poland over 90 days. Asseco Poland is related to or competes with Salesforce, S A P, Intuit, SAP SE, ServiceNow, Uber Technologies, and Cadence Design. Asseco Poland S.A., an information technology company, develops and sells software products primarily in Poland and inte... More
Asseco Poland Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Asseco Poland's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Asseco Poland SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0374 | |||
| Maximum Drawdown | 12.92 |
Asseco Poland Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asseco Poland's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asseco Poland's standard deviation. In reality, there are many statistical measures that can use Asseco Poland historical prices to predict the future Asseco Poland's volatility.| Risk Adjusted Performance | 0.046 | |||
| Jensen Alpha | 0.0777 | |||
| Total Risk Alpha | 0.0208 | |||
| Treynor Ratio | (0.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Asseco Poland's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Asseco Poland SA Backtested Returns
We consider Asseco Poland very steady. Asseco Poland SA secures Sharpe Ratio (or Efficiency) of 0.0671, which signifies that the company had a 0.0671% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Asseco Poland SA, which you can use to evaluate the volatility of the firm. Please confirm Asseco Poland's Standard Deviation of 1.3, mean deviation of 0.3532, and Risk Adjusted Performance of 0.046 to double-check if the risk estimate we provide is consistent with the expected return of 0.0899%. Asseco Poland has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Asseco Poland are expected to decrease at a much lower rate. During the bear market, Asseco Poland is likely to outperform the market. Asseco Poland SA right now shows a risk of 1.34%. Please confirm Asseco Poland SA information ratio, skewness, as well as the relationship between the Skewness and day median price , to decide if Asseco Poland SA will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Asseco Poland SA has no correlation between past and present. Overlapping area represents the amount of predictability between Asseco Poland time series from 6th of March 2024 to 20th of April 2024 and 20th of April 2024 to 4th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Asseco Poland SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Asseco Poland price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Asseco Poland SA lagged returns against current returns
Autocorrelation, which is Asseco Poland pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Asseco Poland's pink sheet expected returns. We can calculate the autocorrelation of Asseco Poland returns to help us make a trade decision. For example, suppose you find that Asseco Poland has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Asseco Poland regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Asseco Poland pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asseco Poland pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asseco Poland pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Asseco Poland Lagged Returns
When evaluating Asseco Poland's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asseco Poland pink sheet have on its future price. Asseco Poland autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Asseco Poland autocorrelation shows the relationship between Asseco Poland pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Asseco Poland SA.
Regressed Prices |
| Timeline |
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Additional Tools for Asseco Pink Sheet Analysis
When running Asseco Poland's price analysis, check to measure Asseco Poland's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asseco Poland is operating at the current time. Most of Asseco Poland's value examination focuses on studying past and present price action to predict the probability of Asseco Poland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asseco Poland's price. Additionally, you may evaluate how the addition of Asseco Poland to your portfolios can decrease your overall portfolio volatility.